BUSINESS NOTES AMGEN ACCUSED OF HIDING MOLDS.VENTURA - A facility supervisor at Amgen Inc. has filed a lawsuit accusing the world's largest biotechnology company of covering up the presence of toxic molds at its Newbury Park laboratory. Darcy Jensen, who has worked at Amgen for nine years, claims in a lawsuit filed this week in Ventura County Superior Court that the company concealed the contamination from employees, customers and the Food and Drug Administration. Amgen representatives declined comment on Wednesday. In the lawsuit, Jensen claims Amgen officials knew about the presence of the toxic molds as early as 1997. She claims she now experiences rashes, respiratory distress Respiratory distress A condition in which patients with lung disease are not able to get enough oxygen. Mentioned in: Lung Cancer, Non-Small Cell , headaches and other reactions to the mold. The lawsuit accuses Amgen officials of fraud, negligence, battery and unfair business practices. - Daily News WellPoint buys RxAmerica facility THOUSAND OAKS Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown. - WellPoint Health Networks Inc. has acquired a mail-order pharmacy facility from RxAmerica for an undisclosed price, company officials said Wednesday. About 1.6 million prescriptions per year are filled by mail order each year at the facility located in Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. . RxAmerica is a joint pharmacy-benefits management venture between Albertson's Inc. and Longs Drug Stores. When the deal closes, the mail order business will operate under the new name of PrecisionRx. - Daily News 2 bank branches to change owners Verb 1. change owners - be transferred to another owner; "This restaurant changed hands twice last year" change hands move, displace - cause to move or shift into a new position or place, both in a concrete and in an abstract sense; "Move those boxes into ENCINO - People's Bank Peo´ple's bank 1. A form of coöperative bank, such as those of Germany; - a term loosely used for various forms of coöperative financial institutions. of California announced on Wednesday that it will purchase two branch offices from Universal Bank, a West Covina-based savings bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. . The branches in Encino and Woodland Hills have a combined deposit base of just over $54 million. - Daily News Rockwell wins defense contract THOUSAND OAKS - The Rockwell Science Center has been awarded a four-year, $5 million Department of Defense contract to establish capability for domestic production of film-thin coatings for laser-protective eye wear. - City News Service NetZero launches new ad program WESTLAKE VILLAGE - NetZero, a free Internet service An ISP that provides access to the Internet without charge to the user. The service is supported by advertising which appears on a special version of the user's browser and cannot be eliminated. NetZero (www.netzero. , announced an advertising program promising a 33 percent increase in Web traffic for new clients. The company will use its CyberYield method to compare traffic at a client's Web site for four weeks before and four weeks after an advertising campaign begins, NetZero officials said Wednesday. Unless the traffic- increase goal has been met, a client will be given an additional 33 percent of purchased impressions. - Daily News Firstar, Bancorp merger in works MINNEAPOLIS - Firstar Corp. is buying U.S. Bancorp  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. for about $19 billion in stock to create the nation's ninth largest bank holding company, corporate officials said Wednesday. - Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. Factories recover from July plunge WASHINGTON - Stronger demand for airplanes and electronics helped orders to American factories bounce back in August after a record plunge. Economists said the report is further evidence the economy is growing at a slower but still healthy pace. Factory orders rose a surprising 2 percent in August to a seasonally adjusted Seasonally adjusted Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year. $382.5 billion, the third increase in the past four months, the Commerce Department reported Wednesday. - Associated Press Intuit, X.Com sign 5-year team deal MOUNTAIN VIEW - Financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. software provider Intuit Inc. and one of the nation's largest electronic bill payment services have reached a five-year deal to cross-market. Intuit executives said Wednesday that the company will begin using X.Com Corp.'s PayPal Internet payment services within the next few months for small-business customers and for those using the company's personal finance products. - Associated Press |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion